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Djiguignouma I Group
In this Group: Maimouna , Korotoumou , Nyne , Chata , Mariam Solo , Nayouma Zantigui , Fatoumata Kassim , Badji , Salimata Kariba
The nine members of the Djuguignouma I group are married woman. On the average, they are 42 years of age, with five children. They all live in polygamous families in Bougoula, a village in Sanankoroboa, the second administrative region of Mali. They collaborate with the Soro Yiriwaso microfinance institution in order to better manage their agricultural activities during the rainy season. They are on their fifth loan with this institution, having duly repaid their prior loans.

They grow peanuts, which is what Maimouna does, for example, She is the first one standing on the left in the photo. With this loan, She plans to buy agricultural inputs [fertilizers etc] and pay the cost of labor to work 0.5 ha [about 1 acre] of land. After harvesting, she sells her produce at the village market of Bougoula, to a customer base composed of resellers and consumers. She plans to earn a revenue of 25,000 West African francs at the end of the agricultural season. This revenue will allow her to pay off her loan and also help her husband provide for everyday expenses.
View original language description ↓
Les 9 membres du groupe DJIGUIGNOUMA I sont des femmes mariées ayant une moyenne d’âge de 42 ans, 5 enfants et vivant toutes dans des familles polygames à BOUGOULA, un des villages de SANANKOROBA, 2ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur cinquième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est l’arachide avec MAIMOUNA , 1 ere debout de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter des intrants, des semences et payer les frais de labour pour entretenir 0,5 hectare.
La production est vendue au niveau du village, au marché de BOUGOULA, après la récolte à une clientèle composée de revendeurs et de consommateurs.
Elle compte réaliser un bénéfice de 25.000FCFA en fin de campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,200
    Average annual income
  • 157
    View loans »
    Mali Loans Fundraising
  • $11,260,000
    Funds lent in using Kiva
  • 491.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguignouma I Group's $900 loan helped a member to pay for the cost of labor and buy agricultural inputs and seeds.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 31, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014